CHINA'S e-commerce economy will grow nearly six times by 2020 as more retailers and vendors tap online shopping to lure consumers.
随着越来越多的零售商和供应商利用网上购物来吸引消费者,到2020年中国的电子商务经济将增长近6倍。
The e-commerce economy - including online transactions and the e-commerce related service industry and information technology infrastructure - will reach 43.8 trillion yuan (US$7.1 trillion), with the majority made up of enterprise transactions of 33 trillion yuan.
电子商务经济——包括网上交易和电子商务相关的服务产业和信息技术基础设施——将达到43.8万亿元人民币(合7.1万亿美元),大部分由企业交易的33万亿元构成。
The value of online retail sales, from individual and enterprise sellers, may reach a combined 10 trillion yuan by 2020, Alibaba Group Research Center said in a report yesterday.
在线零售销售的价值,从个人和企业卖家,到 2020年可能达到10万亿元人民币,阿里巴巴集团研究中心昨天在一份报告中说。
Though e-commerce retail only accounted for 6 percent of China's overall economy in 2017, the figure is seen to reach 16 percent by 2020 due to its huge growth potential as vendors move to the virtual world to lure shoppers, the report said.
虽然电子商务零售业在2017年仅占中国总经济量的6%,到2020年这个数字被认为将达到16%,由于其巨大的增长潜力,随着供应商转移到虚拟世界来吸引购物者,报告说。
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